Empirical studies have established that franchise extension has positive effects on long-run growth because democratisation leads to greater equality of access to resources. However, in the short-run franchise may lead to a redistribution of resources away from important sectors of an economy....

The adoption of a hybrid approach to water rights known as the California doctrine in some western states of the United States (US) and Australia creates some doubt as to what factors drive scarcity and the evolution of property rights to water. In previous studies commentators have argued that...

Water governance in Australia’s irrigation sector has undergone substantial change over the last three decades. In part, this change has been the result of a shift in intellectual thinking regarding the pricing and allocation of irrigation water with a move away from primary reliance on...

This paper offers some preliminary insights into the impact of a particular type of credit instrument, the lien, on the distribution of de facto and de jure political power in the postbellum US South and the Australian colony of New South Wales. De facto political power arises when wealth...